AMERICAN ITEMS.

Hokitika Guardian, 18 October 1920, Page 2

AMERICAN ITEMS.

(Reuter’s Telegram.) THE SLUMP GENERAL. NEW YORK, October 16. At Salt ILake City, Secretary Marsha] of the National Wool Growers’ Association, announced that the wool growers of the United States would make a, determined effort to secure legislation placing an embargo upon foreign wool. This is associated with the fact that thousands of tons of domestic wool remaining in th 6 warehouses, while the clothing manufacturers and others are purchasing foreign wool at lower prices. Mr Irving, of the National Bank, received a. cablegram from Yokohama, stating the conditions in Japan continues unfavourable. The depression is still felt in all lines. The outlook is not reassuring. The hanks are extremely cautious in. granting credits. They are keeping a large reserve, and are makingg loans only on high grade collateral. MEXICO AND AMERICA. (Received This Day at 8 a.m.) MEXICO CITY, Oct. 16. President Delahuerta in a speech, intimated that Mexico would accept United States recognition under any conditions, not affecting Mexico’s national, dignity. Mexico would pay all just debts. / _ AMERICA AND LEAGUE. (Received This Day at 8 a.m.) WASHINGTON, Oct. 16. It is understood United States has decided to accept Die League of Nations invitation to appoint American members to the International Commission to settle Aaland Islands dispute.. The State Department indicated that United States would participate in these peace preserving activities of the League which would not necessarily involve membership. It was pointed out that the economic aspects of international reactions are often more complicated and more difficult than political, and that even before the war United States, upon various occasions, was involved in the settlement of suoh European economic matters.

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i # ! aubl ll ALI AN <&' N.Z. CABLE ASSOCIATION/ japan preparing, TOKIO, October 16. The Japanese Premier, Mr Hara, in ‘ Parliament, said he would emphasise the need for an industrial mobilisation in Japan in the event of any emergency. A plan which h e outlined involved tho co-ordination of the units of each industry 7, and also the construction of a harmonious programme of effort for the mines, railroads, shipping and industrial plants. Mr Hara, the Premier, has announced that the Japanese Government will spend 2,500,000 yen in increasing 'he fortifications of Tokio harhemr, KING ALBERT IN BRAZIL. RIO DE JANIERO, October 15. The Brazilian Parliament have adopted measures making Albert King of the Belgians, a. Marshal of the Brazil-" rian Army and ransing the Brazilian Legation at Brussels to the rank of an 'Embassy. The King and Queen of the Belgians leave Brazil for Belgium to-morrow. ARMENIANS GET HELP. CONSTANTINOPLE, October 16. The Georgian army has crossed the Armenian frontier jn order to assist the Armenians against the Turk?. A WONDERFUL FEAT. LONDON, October 15. A wonderful marine exploit has just been completed by a man named Harold Rigby. He cycled across the Engr lish Channel' from Calais to Dover on a water cycle of his own design. Ho covered the forty miles in fourteen hours. When he arrived at Dover he was too exhausted to speak. This was owing to the choppy sea. The cycle was supported by two floats, and was propelled by pedalling.